Venture Capital News: Atomic-6 Raises $9.2M Financing Round
2024-01-11
ATLANTA, GA, Atomic-6, a leading innovator in advanced composite manufacturing for Aerospace, Ballistic, and Hypersonic applications, has completed its first two funding rounds.
With an infusion of dilutive funding ($4.95M) and non-dilutive Small Business Innovation Research contracts ($4.24M) awarded by the United States Air Force and Space Force, the company has secured a total of $9.2M to further its innovative pursuits.
This funding opportunity has attracted a roster of notable investors who recognize the potential in Atomic-6's transformative approach. They include IronGate Capital Advisors, Starburst Aerospace, Jim Hunt-founder of Lavrock Ventures, and Garrett Langley-founder of Flock Safety. Additionally, a group of distinguished retired military leaders and former government officials have invested, including USAF Retired Major Generals Douglas Raaberg and Stephen Sargeant, USAF Retired Brigadier General Carl Buhler, USAFR Lieutenant Colonel Michael Kunkler, former Deputy Assistant Secretary of the Army Van Hipp, and Honorable Tidal W. (Ty) McCoy the former USAF Acting Secretary, current Chairman of the Space Transportation Association and Vice Chairman of the Cyber, Space, & Intelligence Association.
At Atomic-6, we leverage a proprietary manufacturing process that optimizes fiber-to-resin ratios, significantly reduces porosity, and expedites production cycle times. This process is not limited to a single type of fiber or resin; it extends across a broad spectrum of available materials. What sets us apart is our capability to custom-engineer not just the material systems but also the tooling and processing methods, tailored specifically to the multifaceted requirements of the aerospace, hypersonics, and ballistics industries. By doing so, we can meet the unique and often complex demands of our customers, offering a level of customization that goes beyond typical industry standards.
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